Real Money

Sotheby's International Realty Network Welcomes Hawaii Firm

MADISON, N.J., May 22, 2014 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced that Carvill & Company in Kailua, Hawaii, is the newest member of its real estate network and will now operate as Carvill Sotheby's International Realty.

Scott Carvill is broker/owner of the firm, which is located at 970 N. Kalaheo Avenue in Kailua, serving the Kailua, Windward, Honolulu and North Shore markets. With the addition of this firm, the Sotheby's International Realty ® brand now has nine independently owned and operated offices throughout Hawaii.

" Kailua has global appeal, thanks to its pristine beaches, which are some of the finest in Hawaii," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "We are proud to have the brand represented in this region by the fine team of professionals Scott has assembled."

According to Carvill, the Sotheby's International Realty brand provides the support of a worldwide network and marketing platform. "Our focus is on working together as a team to provide the best service and experience to our clients," he said. "Now with our affiliation with the Sotheby's International Realty brand, we can offer them global exposure together with our in-depth local knowledge and experience."

The Sotheby's International Realty network currently has more than 15,000 independent sales associates located in approximately 700 offices in 54 countries and territories worldwide. Carvill Sotheby's International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs. Each office is independently owned and operated.

About Sotheby's International Realty Affiliates LLCFounded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sothebysrealty.com.